Question

Example of vested rights and contingent rights

Answer 1

Vested rights - one may cross someone else's property regularly and unrestrictedly for several years, and one's right to an easement becomes vested
Contingent rights - one party may desire immediate payoffs, while the other party may be interested in more long-term payoffs . Further, contingency contracts can foster an agreement in negotiations involving resolute differences of expectations about the future .